Profitable Liquor Business

Undisclosed Address, Knoxville, TN
Business Opportunity for Sale
Catylist Listing ID: 30318997
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $574,000
Gross Revenue: $1,919,000 (Annual)
Cash Flow: $200,000 (Annual)
Cash Flow Type: EBITDA
Sale Terms: Cash
Last Updated: 3/27/2019

Overview / Comments

Business including all fixtures, equipment,goodwill, trademarks, trade names.

Buyer of the business must either buy or lease the real estate. Buyer must purchase inventory at cost.
The real estate may only be offered for sale in conjunction with the business.
Even with wine in grocery stores, sales have been over $1.9 million in sales the last two years and on track this year. 2014 sales: $1.47 million, 2015 sales: $1.67 million, consistently upward trend and with more inventory can outperform historical results.


Additional Details

Industry Segment: Liquor Stores
Reason for Selling: Investing in other opportunities
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,738 85,053 147,072
Median Age: 23.37 32.49 35.25
Households: 4,481 34,425 62,543


Photograph of Listing Agent

Steve Goldman, CCIM

Goldman Partners Realty, LLC KAAR CIE Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.